Alfas Solar Enerji Sanayi ve Ticaret A.S.
Alfa Solar Enerji Sanayi ve Ticaret A.S. engages in the manufacture and sale of solar panels. The company was incorporated in 2011 and is headquartered in Ankara, Turkey. Alfa Solar Enerji Sanayi ve Ticaret A.S. operates as a subsidiary of Alfa Kazan Enerji ve Çevre Yatirimlari A.S.
Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) - Total Assets
Latest total assets as of September 2025: TL11.80 Billion TRY
Based on the latest financial reports, Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) holds total assets worth TL11.80 Billion TRY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Total Assets Trend (2020–2024)
This chart illustrates how Alfas Solar Enerji Sanayi ve Ticaret A.S.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Asset Composition Analysis
Current Asset Composition (December 2024)
Alfas Solar Enerji Sanayi ve Ticaret A.S.'s total assets of TL11.80 Billion consist of 52.9% current assets and 47.1% non-current assets.
| Asset Category | Amount (TRY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | TL0.00 | 12.4% |
| Accounts Receivable | TL712.20 Million | 9.8% |
| Inventory | TL1.26 Billion | 17.4% |
| Property, Plant & Equipment | TL0.00 | 0.0% |
| Intangible Assets | TL93.60 Million | 1.3% |
| Goodwill | TL0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Alfas Solar Enerji Sanayi ve Ticaret A.S.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Alfas Solar Enerji Sanayi ve Ticaret A.S.'s current assets represent 52.9% of total assets in 2024, a decrease from 92.9% in 2020.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 2024, down from 18.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 17.4% of total assets.
Alfas Solar Enerji Sanayi ve Ticaret A.S. Competitors by Total Assets
Key competitors of Alfas Solar Enerji Sanayi ve Ticaret A.S. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Alfas Solar Enerji Sanayi ve Ticaret A.S. generates 1.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Alfas Solar Enerji Sanayi ve Ticaret A.S. generates $ 2.75 in net profit.
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.12 | 1.44 | 1.58 |
| Quick Ratio | 0.81 | 0.70 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | TL552.72 Million | TL 1.21 Billion | TL 1.22 Billion |
Alfas Solar Enerji Sanayi ve Ticaret A.S. - Advanced Valuation Insights
This section examines the relationship between Alfas Solar Enerji Sanayi ve Ticaret A.S.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.02 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -1.2% |
| Total Assets | TL7.24 Billion |
| Market Capitalization | $90.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Alfas Solar Enerji Sanayi ve Ticaret A.S.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Alfas Solar Enerji Sanayi ve Ticaret A.S.'s assets decreased by 1.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Alfas Solar Enerji Sanayi ve Ticaret A.S. (2020–2024)
The table below shows the annual total assets of Alfas Solar Enerji Sanayi ve Ticaret A.S. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | TL7.24 Billion | -1.16% |
| 2023-12-31 | TL7.33 Billion | +114.23% |
| 2022-12-31 | TL3.42 Billion | +676.26% |
| 2021-12-31 | TL440.61 Million | +142.70% |
| 2020-12-31 | TL181.54 Million | -- |